SHA:600370 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	545.82	1,173	1,084	2,110	2,274	1,606
Trading Asset Securities	45.95	41.98	0.91	1.08	84.16	67.04
Cash & Short-Term Investments	591.77	1,215	1,085	2,111	2,358	1,674
Cash Growth	-45.08%	12.00%	-48.59%	-10.48%	40.89%	-63.48%
Accounts Receivable	3,910	3,934	4,762	3,490	2,973	2,113
Other Receivables	32.22	34.48	10.03	3.32	2.18	1.09
Receivables	3,943	3,968	4,775	3,497	2,979	2,114
Inventory	1,751	1,304	1,823	3,150	2,621	2,150
Prepaid Expenses	-	-	3.14	6.47	0.73	3.5
Other Current Assets	554.83	282.98	494.16	385.37	290.04	507.03
Total Current Assets	6,840	6,771	8,180	9,149	8,248	6,448
Property, Plant & Equipment	8,685	8,922	8,763	4,652	4,150	3,599
Long-Term Investments	9.7	9.89	-	110.2	107.23	105.65
Other Intangible Assets	645.84	653.5	513.9	517.02	502.24	503.99
Long-Term Deferred Tax Assets	623.61	641.31	495.04	328.68	174.67	178.23
Long-Term Deferred Charges	24.43	25.23	35.51	53.62	0.17	2.16
Other Long-Term Assets	367.87	376.43	616.96	1,282	1,219	744.65
Total Assets	17,196	17,400	18,604	16,093	14,401	11,582
Accounts Payable	2,868	3,065	2,924	2,164	3,713	3,087
Accrued Expenses	74.72	70.33	98.38	91.89	111.43	100.58
Short-Term Debt	2,185	2,100	2,713	2,211	1,893	303.72
Current Portion of Long-Term Debt	1,628	1,609	683.6	56.08	360.92	364.97
Current Portion of Leases	-	-	720.31	648.17	310.89	5.89
Current Income Taxes Payable	20.09	17.22	5.69	9.15	39.45	87.06
Current Unearned Revenue	611.77	620.46	545.51	455.26	458.54	470.42
Other Current Liabilities	184.79	142.93	106.27	85.73	84.01	136.93
Total Current Liabilities	7,572	7,625	7,797	5,721	6,971	4,556
Long-Term Debt	3,678	4,064	3,990	3,296	140.77	427.96
Long-Term Leases	57.08	59.01	797.92	741.72	504.74	76.51
Long-Term Unearned Revenue	455.44	465.55	201.62	-	-	-
Long-Term Deferred Tax Liabilities	79.66	98.9	46.86	37.2	37.54	8.34
Other Long-Term Liabilities	175.76	262.29	-	-	-	-
Total Liabilities	12,018	12,575	12,833	9,796	7,654	5,069
Common Stock	4,018	3,897	3,897	3,896	3,896	3,896
Additional Paid-In Capital	1,116	872.42	872.09	871.75	871.74	871.74
Retained Earnings	-179.35	-212.09	631.59	1,119	1,978	1,745
Treasury Stock	-39.38	-39.38	-39.38	-	-	-
Comprehensive Income & Other	262.26	307.37	409.86	409.6	0.96	-0.34
Total Common Equity	5,178	4,825	5,771	6,297	6,748	6,512
Shareholders' Equity	5,178	4,825	5,771	6,297	6,748	6,512
Total Liabilities & Equity	17,196	17,400	18,604	16,093	14,401	11,582
Total Debt	7,548	7,832	8,905	6,953	3,210	1,179
Net Cash (Debt)	-6,956	-6,617	-7,820	-4,843	-852.31	494.49
Net Cash Growth	-	-	-	-	-	-65.07%
Net Cash Per Share	-1.78	-1.70	-2.01	-1.24	-0.22	0.13
Filing Date Shares Outstanding	3,898	3,899	3,867	3,896	3,896	3,896
Total Common Shares Outstanding	3,898	3,899	3,867	3,896	3,896	3,896
Working Capital	-732.43	-853.77	382.79	3,428	1,278	1,892
Book Value Per Share	1.33	1.24	1.49	1.62	1.73	1.67
Tangible Book Value	4,532	4,171	5,257	5,780	6,245	6,008
Tangible Book Value Per Share	1.16	1.07	1.36	1.48	1.60	1.54
Buildings	-	-	1,426	1,369	1,115	1,154
Machinery	-	-	8,072	10,431	9,328	9,387
Construction In Progress	-	-	5,749	783.08	1,216	69.41

Source: S&P Global Market Intelligence. Standard template. Financial Sources.